Director/PDMR Shareholding

Midas Income & Growth Trust PLC
20 September 2006


   NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
                      RESPONSIBILITY OR CONNECTED PERSONS


1)  Name of company

    MIDAS INCOME & GROWTH TRUST PLC



2)  State whether notification is in respect of a transaction notified in
accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both



    Both

3)  Name of director

    Ian Davis


4)      State whether notification relates to a person(s) connected with a
person discharging managerial responsibilities/director named in 3 above and
identify the connected person(s)


As in 3


5)  Indicate whether notification is in respect of a holding of the person named
in 3 or 4 above or in respect of a non-beneficial interest


    As in 3.



6)  Class of security

    ORDINARY 25p

7)  Name of the registered shareholder(s) and, if more than one holder, the
number of shares held by each of them (if                   notified)

    -


8)  State the nature of the transaction.



    Dividend Reinvestment

9)  Number of shares/amount of stock acquired


    68 shares acquired on 18 September 2006



10) Percentage of issued class acquired


    0.000202%

11) Number of shares/amount of stock disposed

    -

12) Percentage of issued class disposed

    -


13) Price per share

    164.5p


14) Date of transaction

    18 September 2006


15) Total holding and percentage holding of issued class following this
notification

    14,025 ORDINARY SHARES, 0.04%


16) Date company informed

    19 September 2006



Name of contact and telephone number for queries

Charles Mearns TEL: [phone]



Name and signature of authorised company official responsible for making this
notification
Charles Mearns


Date of Notification - 20 September 2006



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